{"id":1588,"date":"2010-02-04T13:13:53","date_gmt":"2010-02-04T13:13:53","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=1588"},"modified":"2010-02-04T13:13:53","modified_gmt":"2010-02-04T13:13:53","slug":"misuse_of_tarp_troubled_asset","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=1588","title":{"rendered":"Misuse Of TARP (Troubled Asset Relief Program)"},"content":{"rendered":"<p>Ed Morrissey at <a href=\"http:\/\/hotair.com\/archives\/2010\/02\/04\/gregg-blasts-orszag-over-tarp-piggy-bank\/\">Hot Air<\/a>&nbsp;reports on an exhange between Senator Judd Gregg and OMB director Peter Orszag.&nbsp;&nbsp; The video of the exchange is available at the Hot Air link above.&nbsp; Senator Gregg points out that the budget submitted by President Obama is unsustainable.&nbsp; The discussion also covered Mr. Orszag&#8217;s request that the law be rewritten to allow TARP money to be used for purposes other than what the current law specifies.&nbsp; <\/p>\n<p>Mr. Morrissey concludes:<\/p>\n<blockquote style=\"MARGIN-RIGHT: 0px\" dir=\"ltr\">\n<p><em>&#8220;Gregg had good reason to add that codicil to the TARP bill. Normally skeptical members of Congress only supported TARP with the assurance that it wouldn&#8217;t become an Oval Office slush fund and that receipts would go directly back to paying off debt. Congress had better recognize the danger of this path before they inadvertently fund a perpetual imperial Presidency.&#8221;<\/em><\/p>\n<\/blockquote>\n<p dir=\"ltr\">To change the law as it is currently written is to ignore the purpose of the TARP law and the wishes of the American people.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ed Morrissey at Hot Air&nbsp;reports on an exhange between Senator Judd Gregg and OMB director Peter Orszag.&nbsp;&nbsp; The video of the exchange is available at the Hot Air link above.&nbsp; Senator Gregg points out that the budget submitted by President &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=1588\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1588","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/1588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1588"}],"version-history":[{"count":0,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/1588\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}